“I was just way too casual,” says Carlsen when asked to explain Friday's near-upset. Yet there was nothing nonchalant about the Norwegian's dogged fightback to salvage a draw in a game that could have, at least temporarily, cost him the world No 1 ...

The playersNorway's Magnus Carlsen is defending the world chess championship against Fabiano Caruana of the United States. The best-of-12-games match is taking place at the College in Holborn between 9 and 28 November, with the winner earning a 60% share of the €1m ($1.14m) prize fund if the match ends in regulation (or 55% if it's decided by tie-break games).Carlsen, 27, has been ranked No 1 for eight straight years and was considered the world’s best player even before he defeated Viswanathan Anand for the title in 2013. Caruana, 26, is ranked No 2, having earned his place at the table by winning the candidates tournament in March. No American-born player has won or even competed for the world title since Bobby Fischer in 1972. It marks the first title match between the world's top two players since 1990, when Garry Kasparov and Anatoly Karpov faced off for a fifth and final time.

The formatThe match will consist of 12 classical games with each player awarded one point for a win and a half-point for a draw. Whoever reaches six and a half points first will be declared the champion.The time control for each game is 100 minutes for the first 40 moves, 50 minutes for the next 20 moves and then 15 minutes for the rest of the game plus an additional 30 seconds per move starting from move 1. Players cannot agree to a draw before Black's 30th move. If the match is tied after 12 games, tie-breaks will be played on the final day in the following order: • Best of four rapid games with 25 minutes for each player with an increment of 10 seconds after each move. • If still tied, they will play up to five mini-matches of two blitz games (five minutes for each player with a three-second increment). • If all five mini-matches are drawn, one sudden-death 'Armegeddon' match will be played where White receives five minutes and Black receives four minutes. Both players will receive a three-second increment after the 60th move. In the case of a draw, Black will be declared the winner.